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Owner of Calgary office tower selected for new university campus awarded $9 million for upgrades

Ursataur Capital snags city funding to convert nine floors of vacant offices at 801 7th Ave. into classrooms
Architecture students in Calgary are expected to be studying from a new campus spanning nine floors in this downtown office tower. (CoStar)
Architecture students in Calgary are expected to be studying from a new campus spanning nine floors in this downtown office tower. (CoStar)

Ursataur Capital Management has become the first and likely last development company to access funding from a four-year-old city of Calgary fund aimed at persuading universities to relocate to downtown office properties.

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